SOMESING Exchange (SSX) is a blockchain-based platform that enables users to create, share, and enjoy music. More
| Fully Diluted Valuation | $359,584 |
|---|---|
| 24H Trading Volume | $147,514 |
| 24H Low / High | $0.00006313000000000001 / $ 0.00007321000000000001 |
| Circulating Supply | 5.00B |
| Total Supply | 5.00B |
| Max Supply | 6.00B |
| Categories | Music 3 more |
|---|---|
| Founder | Heuibae Kim |
| Website | somesing.io Whitepaper |
| Socials | 6 more |
| Chains | Klay-token Ecosystem |
| Explorer | Kaiascan |
| Contracts |
0x63d....e0556
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| Name | Pair | OG Score |
|---|
SOMESING is a global social singing content platform that leverages blockchain technology to change how people engage with music. Launched in 2018 by a team from Korea and Singapore, it allows users to create, share, and enjoy high-quality singing recordings for free.
SOMESING stands out as a unique platform that connects music lovers. Users can record songs, collaborate with others, and listen to a diverse range of content. The platform has gained popularity, with over 1.4 million downloads and more than 660,000 registered users as of January 2023.
Token Economy
A key feature of SOMESING is its well-designed token economy. Users earn SSG tokens for creating and sharing content, which are distributed automatically through smart contracts. This transparent system ensures that content creators are rewarded fairly for their contributions.
Technology Behind SOMESING
SOMESING operates on a secure blockchain that records all transactions in a public ledger. This decentralized approach means that data cannot be altered or deleted, protecting users against fraud. Smart contracts help automate the reward distribution process, minimizing errors and ensuring that rewards are given fairly.
Real-World Applications
One of the standout features of SOMESING is its ability to connect users with famous singers for duet collaborations. This unique interactive experience allows fans to engage directly with their favorite artists. The SSX token can also be used for transactions on the Klaytn network, enhancing its utility.
Key Events
SOMESING has experienced significant milestones since its launch. The release of version 2.0.0 in September 2021 introduced enhancements to the user experience. Additionally, a partnership with Allfeat Labs aimed to expand the platform's global reach and technological capabilities.
Security Measures
In January 2024, SOMESING faced a significant security breach, resulting in the loss of $11.58 million. In response, the team implemented robust security measures, including two-factor authentication and regular monitoring, to protect user data and enhance trust.
Conclusion
SOMESING is more than just a platform for singing; it is a community-driven ecosystem that empowers users to take ownership of their content. With its innovative use of blockchain technology, SOMESING is transforming the way music is created, shared, and monetized, making it an exciting space for music enthusiasts worldwide.
SOMESING is a global social singing content platform that leverages blockchain technology to change how people engage with music. Launched in 2018 by a team from Korea and Singapore, it allows users to create, share, and enjoy high-quality singing recordings for free.
SOMESING stands out as a unique platform that connects music lovers. Users can record songs, collaborate with others, and listen to a diverse range of content. The platform has gained popularity, with over 1.4 million downloads and more than 660,000 registered users as of January 2023.
Token Economy
A key feature of SOMESING is its well-designed token economy. Users earn SSG tokens for creating and sharing content, which are distributed automatically through smart contracts. This transparent system ensures that content creators are rewarded fairly for their contributions.
Technology Behind SOMESING
SOMESING operates on a secure blockchain that records all transactions in a public ledger. This decentralized approach means that data cannot be altered or deleted, protecting users against fraud. Smart contracts help automate the reward distribution process, minimizing errors and ensuring that rewards are given fairly.
Real-World Applications
One of the standout features of SOMESING is its ability to connect users with famous singers for duet collaborations. This unique interactive experience allows fans to engage directly with their favorite artists. The SSX token can also be used for transactions on the Klaytn network, enhancing its utility.
Key Events
SOMESING has experienced significant milestones since its launch. The release of version 2.0.0 in September 2021 introduced enhancements to the user experience. Additionally, a partnership with Allfeat Labs aimed to expand the platform's global reach and technological capabilities.
Security Measures
In January 2024, SOMESING faced a significant security breach, resulting in the loss of $11.58 million. In response, the team implemented robust security measures, including two-factor authentication and regular monitoring, to protect user data and enhance trust.
Conclusion
SOMESING is more than just a platform for singing; it is a community-driven ecosystem that empowers users to take ownership of their content. With its innovative use of blockchain technology, SOMESING is transforming the way music is created, shared, and monetized, making it an exciting space for music enthusiasts worldwide.
SOMESING was founded in 2018 by Heuibae Kim and a dedicated team of twenty-five members based in Korea and Singapore.
SOMESING's strategic partnership with Allfeat Labs signifies strong backing aimed at enhancing its technological capabilities and market reach.
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